I am attending IBM’s World of Watson and will be blogging as much as I can. First up is a two-part session on Advanced Analytics and how you can put advanced analytics at the heart of a Cognitive strategy. Paul Zikopoulos kicked things off talking about the potential for data to transform business and the [...]
geospatial
I recently got a chance to catch up with the IBM SPSS team for an update. Analytics, in IBM’s view and mine, are increasingly necessary as digitization increases the scale of business data and digital disruptors increase the difficulty of making good decisions. For those being disrupted analytics offers a powerful way to fight back. [...]
I am co-hosting the TDWI Solution Summit “Maximizing your Analytics Investment: Innovative Business through Predictive & Advanced Analytics” with Fern Halper, May 31-June 2 in San Diego. Join an exclusive, hosted gathering of experienced professionals, industry thought leaders, and top solution providers for real-world tips and best practices to help you harness the power of [...]
I last got an update on SPSS early last year. In March 2015, IBM released an update for the complete set of products in its advanced analytical portfolio. Analytical Decision Management (ADM) is positioned as part of this portfolio of predictive and prescriptive analytic tools. IBM’s advanced analytic portfolio is focused on having meaningful impact [...]
I blogged a little about the tech preview of IBM’s Operational Decision Manager – Advanced product when I was at IMPACT and I recently got a full briefing on the new ODM Advanced release. ODM Advanced has been under development for about 2 years with early access for customers back in late 2013 and technology [...]
The summit continued with a group of newly certified Alteryx Analytic Certified Experts – ACEs. As always with a panel I will just try and capture a few nuggets in no particular order or structure: The combination of Tableau and Alteryx, in geospatial analysis for instance, is more powerful than either independently. In particular Tableau benefits [...]
An update next on IBM’s solution for counter-fraud. For IBM fraud involves an intentional act that misrepresents and is both illegal and designed for financial gain. They further divide this into organized and opportunistic fraudsters for whom different kind of detection is required. Fraud is growing problem because: Fraud schemes are increasingly sophisticated with organized crime moving [...]
Some data-centric technical experts participated in a second panel at IMPACT. There were a number o data-centric announcements at IMPACT and they quickly recapped these announcements: New Power Systems Real-time actionable insight – capturing events and data at high speed, predicting probabilities from this data, driving this into decisions by embedding existing their Decision Management [...]
Marie Wieck came back to discuss how to create the kind of composable business IBM discussed on day 1. It’s critical, she says, to keep customers at the center and drive a new process from this. It’s key to use data to make better decisions, and it’s important to have the kind of scalable infrastructure [...]
Oracle Event Processing is designed to provide high throughput and low latency processing against continuously streaming data—what is sometimes call Complex Event Processing. It handles real-time correlation between incoming data streams, time sensitive alerts, aggregations and calculations, pattern seeking in the stream etc. Critically, especially when one is dealing with very large volumes of streaming [...]
The move over recent years has been towards increasingly distributed processing of data, both in terms of the underlying model and in terms of the processing architectures available. More and more of this data is also streaming and SQLstream is focused on effective access to streaming big data. Founded in 2003 and headquartered in San [...]
Don Campbell, CTO Of IBM’s Business Intelligence group, presented on trends in smarter business analytics. He sees four focus areas – improving customer understanding, optimizing real-time decisions, better enterprise visibility and improved collaboration. All underpinned by managed, trusted data. IBM’s customers tell them that the 3 big challenges are A lack of understanding of how [...]
A number of customers participated in a panel of analytics success stories. Each one was interesting and powerful in its own right and each prompted a Decision Management suggestion for someone at that stage in developing and deploying analytics. Argos Risk is a web-based online subscription risk management service. Argos offers actionable risk insight for [...]
IBM has recently announced a new strategy for bringing Big Data to the enterprise. In particular this includes InfoSphere Streams v2 (announced April 12) and InfoSphere BigInsights 1.1 announced today. Big Data is an issue, of course, largely because the amount of data available to organizations is growing rapidly. Surveys show that many managers already [...]
Todd Walters introduced the new release – 13.10. Not every feature is equally interesting to me but a couple were important to note: One of the key features in the new database release is the support for temporal tables. Default for a temporal table will be to show only current records. But you can ask [...]
Melanie du Plessis from the electoral commission was next. The IEC focuses on ensuring that elections are free and fair. One of the key elements of this is a focus on a single national register of voters that everyone appears on once and only once. Divided up the country into voting districts, to one of [...]
John McConnell of Analytical People presented on the use of analytics in the UK’s transition to digital TV. This is being rolled out region by region, trying to improve the process each time. Several regions have been converted already. There is a group of people, in the UK as in other countries, for whom TV [...]